SEATTLE–Nineteen percent of people who have purchased a home over the past year placed a bid before ever seeing the property in person.
THE news
WASHINGTON—On the same day that Wells Fargo CEO John Stumpf was getting grilled by the Senate, as Congress delves into the Wells Fargo scandal involving the fraudulent opening of millions of consumer accounts, two CU leaders were speaking out about the credit union difference.
KNOXVILLE, Tenn.—A branch of Health Care Services CU was robbed by a thief who claimed he had a bomb.
SAN ANTONIO–A member of SACU here won the 2016 Ford Mustang that was given away as part of the Cornerstone Credit Union League’s Mustang Mania fundraiser.
ALEXANDRIA, Va.–Credit unions in Nevada and Washington State led the nation in loan growth during the second quarter, while Alaska led in membership growth.
WASHINGTON—The credit union trade groups may be hailing the passage out of committee of the Financial CHOICE Act, but analysts are saying the legislation won’t be going any further.
COLORADO SPRINGS, Colo.–Air Academy FCU said it has “ended its partnership” with Denver Broncos’ linebacker Brandon Marshall after the player knelt during the playing of the national anthem during last week’s NFL opening game, the Super Bowl rematch between the Broncos and the Carolina Panthers.
NEW YORK–Wall Street banks are demonstrating that fintech start-ups aren’t limited to Silicon Valley. Companies such as Zelle and Concord are fintechs that have been launched by the nation’s biggest banks as a means of protecting their own turf and growing their businesses.
MERIDEN, Conn.–Credit unions in Connecticut are working to raise $10,000 for the Connecticut Food Bank in conjunction with the prize-linked savings program Save to Win.
WASHINGTON–Debit card interchange and fee income comprised 30.2% of credit unions’ non-interest income in 2016, according to Callahan & Associates Non-Interest Income Survey.